Zimbabwean Executive, Ralph Mupita's Mtn Shares Now Valued At 11.2 Million

Mupitas 0.063 MTN stake rose to 5.59 million in 2025, mirroring an 85.55 share price jump on the JSE.

MTNs Q1 service revenue climbed 10.4 to 2.58 billion, driven by strong gains in Nigeria and Ghana despite muted South Africa growth.

Under Mupitas leadership, MTN added 13.3 million subscribers, with data and fintech revenues growing 28.7 and 25.2 respectively.

Zimbabwean executive Ralph Mupita, president and CEO of MTN Group, has earned millions through his salary and seen substantial gains from his shareholding. The market value of his stake in Africas largest telecom services provider has risen above 11 million, highlighting both his investment insight and MTNs strong performance.

Data tracked by Billionaires.Africa shows that Mupitas 0.063 percent stake, totaling 1.15 million shares, has grown by R91.21 million 5.59 million since the start of 2025. His holding rose from R106.61 million 5.65 million on January 1 to R197.82 million 11.24 million at the time of reporting.

The gains reflect an 85.55 percent increase in MTNs share price on the Johannesburg Stock Exchange JSE this year, climbing from R92.61 5.26 to R171.84 9.76. The rise pushed MTNs market value to R317 billion 18 billion, making it Africas most valuable telecom, now about 1 billion ahead of Vodacom.